The company is expressing its key corporate value with a slogan is the Ritz-Carlton using to express its corporate culture.
Explanation:
The fundamental beliefs about which your organisation and your actions are founded are corporation values, also recognised as corporate values or fundamental values.
They are the concepts that your company uses to control its internal investigations and customer interactions.
Your core values if established must be strong and uncompromising – a guideline instead of a suggestion. They might affect each aspect of your business, from benefits for employees and culture throughout the work environment to marketing techniques and customer support.
Answer:
1. 2. April 30 $11600
31-May $20100
2. April 30 $3,200
31-May $11,90
3. Profit April 0
May$800
June $2975
Explanation:
1) Calculation for Work in Process Inventory at
April 30 and 31-May
Work in Process Inventory at
April 30=7500+4100
Work in Process Inventory at
April 30=$11600
Work in Process Inventory at31-May =4100+6900+4700+4400
Work in Process Inventory at31-May= $20100
2) Calculation for Finished Goods Inventory at
April 30 and 31-May
Finished Goods Inventory at
April 30: $3,200
Finished Goods Inventory at 31-May =7500+4400
Finished Goods Inventory at 31-May= $11,900
3) Calculation for Gross Profit
Gross Profit April : 0
Gross Profit May =3200*25%
Gross Profit May=800
Gross ProfitJune :- Job 10 =(7500+4400)*25% Gross Profit June 2975
Answer:
$27.20
Explanation:
The computation of the predetermined overhead rate is shown below:
= Variable overhead rate per hour + Fixed Overhead rate per hour
where,
Variable overhead rate per hour is $9.50
And, the fixed overhead rate per hours is
= budgeted fixed manufacturing overhead ÷ direct labor hours
= $130,980 ÷ 7,400
= $17.70
So, the predetermined overhead rate is
= $9.50 + $17.70
= $27.20
By adding the variable overhead rate per hour and the fixed overhead rate per hour we can find out the predetermined overhead rate
